NOT LISTED FOR SALE

7 E Virginia Ave Long Beach Township, NJ 08008

Long Beach Island Neighborhood

Estimated Value: $1,236,000 - $2,016,000

-- Bed
4 Baths
1,824 Sq Ft
$972/Sq Ft Est. Value

Last Sold January 04, 2021

Last sale price $1,125,000 $617 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $10,354/month

Highlights

  • Oceanside
  • No HOA
  • Outdoor Grill
  • Contemporary Architecture
  • Outdoor Shower
  • Central Air

About This Home

As of January 2021

7 e Virginia is a wonderful 3 bedroom 2 bath per floor Oceanside duplex in Haven Beach. Recent improvements include * new kitchens, *new appliances,* new flooring, *new furniture*new hot water heaters, and an outdoor patio. If you are looking for a rental property that commands a rental premium then this is it! Booked fully every season, 2020 booked up at $2600-$2900 per week per floor. Ample off street parking, separate outdoor showers,new brick paver patio in the back yard and room for a pool on this 50 x 100 lot are just a few of the outstanding features this duplex has to offer. This home is walking distance to restaurants and shops as well as a short walk to the beach.

Last Agent to Sell the Property

Matt Kulinski

G. Anderson Agency License #0119748 Listed on: 09/11/2020

Last Buyer's Agent

Jeffrey Glass

The Van Dyk Group - Long Beach Island

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,804

Year Built

  • Built in 1960 | Remodeled in 2020

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50.00 x 100.00
  • Extensive Hardscape
  • Property is in excellent condition

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Contemporary Architecture
  • Frame Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 1,824 Sq Ft Home
  • Ceiling Fan
  • Dining Area
  • Laminate Flooring
  • Stacked Washer and Dryer

Kitchen

  • Self-Cleaning Oven
  • Cooktop
  • Microwave
  • Dishwasher

Outdoor Features

  • Outdoor Shower
  • Oceanside
  • Outdoor Grill

Utilities

  • Central Air
  • Electric Baseboard Heater
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Haven Beach Subdivision

Listing and Financial Details

  • Tax Lot 00005
  • Assessor Parcel Number 18-00010 41-00005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,804

Year Built

Built in 1960 | Remodeled in 2020

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1960
  • Year Renovated: 2020
  • Automatically Close On Close Date: No
  • Remarks Public: 7 e Virginia is a wonderful 3 bedroom 2 bath per floor Oceanside duplex in Haven Beach. Recent improvements include * new kitchens, *new appliances,* new flooring, *new furniture*new hot water heaters, and an outdoor patio. If you are looking for a rental property that commands a rental premium then this is it! Booked fully every season, 2020 booked up at $2600-$2900 per week per floor. Ample off street parking, separate outdoor showers,new brick paver patio in the back yard and room for a pool on this 50 x 100 lot are just a few of the outstanding features this duplex has to offer. This home is walking distance to restaurants and shops as well as a short walk to the beach.
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Cooktop, Microwave, Oven - Self Cleaning, Refrigerator, Washer/Dryer Stacked
  • Flooring Type: Laminated
  • Interior Amenities: Ceiling Fan(s), Dining Area
  • Basement: No
  • Total Sq Ft: 1824
  • Living Area Sq Ft: 1824
  • Price Per Sq Ft: 629.93
  • Above Grade Finished Sq Ft: 1824
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Exterior Features: Bbq Grill, Outside Shower, Extensive Hardscape
  • Roof: Asphalt, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 89500.00
  • Land Assessed Value: 595000.00
  • Lot Size Acres: 0.11
  • Lot Dimensions: 50.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5000.00
  • Property Condition: Excellent
  • Year Assessed: 2020
  • Zoning: R35

Rental Info

  • Ground Rent Exists: No
  • Units Furnished: All
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3022960
  • Tax Annual Amount: 6804.00
  • Assessor Parcel Number: 18-00010 41-00005
  • Tax Lot: 00005
  • Tax Total Finished Sq Ft: 1824
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 01/04/2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2020
Closed on
Dec 31, 2020
Sold by
Depasquale Daniel N
Bought by
Bb Haven Llc
Seller's Agent
Matt Kulinski
G. Anderson Agency
Buyer's Agent
Jeffrey Glass
The Van Dyk Group - Long Beach Island
List Price
$1,199,000
Sold Price
$1,125,000
Premium/Discount to List
-$74,000
-6.17%
Current Estimated Value
$1,773,493

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$648,493
Avg. Annual Appreciation
10.21%
Original Mortgage
$1,012,388
Outstanding Balance
$903,560
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$869,933

Purchase Details

Closed on
Mar 18, 2017
Sold by
Salvitelli Anthony R and Salvitelli Carmela
Bought by
Lap Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 2015
Sold by
Salvitelli Anthony R
Bought by
Salvitelli Anthony R and Salvitelli Carmela

Purchase Details

Closed on
Jun 7, 1999
Sold by
Perpetua Anthony and Perpetua Sharon
Bought by
Salvitelli Anthony R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
6.9%

Purchase Details

Closed on
Oct 8, 1996
Sold by
Langer Herbert
Bought by
Perpetua Anthony and Perpetua Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,000
Interest Rate
8.26%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bb Haven Llc $1,125,000 Southern Shores Ttl Agcy Llc
Depasquale Daniel N -- Southern Shores Ttl Agcy Llc
Depasquale Daniel N -- Old Republic Title
Lap Llc $755,000 --
Salvitelli Anthony R -- Attorney
Salvitelli Anthony R $290,000 --
Perpetua Anthony $213,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bb Haven Llc $1,012,388
Previous Owner Lap Llc $175,000
Previous Owner Salvitelli Anthony R $46,500
Previous Owner Salvitelli Anthony R $600,000
Previous Owner Salvitelli Anthony R $280,000
Previous Owner Salvitelli Anthony R $180,000
Previous Owner Salvitelli Anthony R $100,000
Previous Owner Salvitelli Anthony R $40,000
Previous Owner Salvitelli Anthony R $232,000
Previous Owner Perpetua Anthony $173,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2021 01/04/21 Sold $1,125,000 -2.1% $617 / Sq Ft
11/24/2020 11/24/20 Pending -- -- --
11/09/2020 11/09/20 Price Changed $1,149,000 -4.2% $630 / Sq Ft
09/11/2020 09/11/20 For Sale $1,199,000 -- $657 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,183 $1,028,300 $750,000 $278,300
2024 $9,121 $1,028,300 $750,000 $278,300
2023 $8,555 $1,028,300 $750,000 $278,300
2022 $8,555 $1,028,300 $750,000 $278,300
2021 $8,288 $1,028,300 $750,000 $278,300
2020 $6,804 $684,500 $595,000 $89,500
2019 $6,866 $684,500 $595,000 $89,500
2018 $6,660 $684,500 $595,000 $89,500
2017 $6,689 $683,900 $595,000 $88,900
2016 $6,708 $680,300 $595,000 $85,300
2015 $6,701 $680,300 $595,000 $85,300
2014 $6,538 $680,300 $595,000 $85,300
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Matt Kulinski

    G. Anderson Agency

    (609) 276-2602

    22 in this area

    27 Total Sales

    Matt Kulinski
    Section Image
  • Jeffrey Glass

    Buyer's Agent in 2021

    Jeffrey Glass

    The Van Dyk Group - Long Beach Island

    (609) 320-4986

    37 in this area

    40 Total Sales

    Jeffrey Glass
    Section Image
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Map

Source: Bright MLS

MLS Number: NJOC402678

Bright MLS

APN: 18-00010-41-00005

New Jersey Ocean County Long Beach Township 08008 Long Beach Island

7 E Virginia Ave, Long Beach Township, NJ

This home is located at 7 E Virginia Ave, Long Beach Township, NJ 08008 since 11 September 2020 and is currently estimated at $1,773,493, approximately $972 per square foot. This property was built in 1960. 7 E Virginia Ave is a home located in Ocean County with nearby schools including Ethel A. Jacobsen Elementary School, Long Beach Island Grade School, and Southern Regional Middle School.

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